Finance Officer at a Hospitality Management Company - Arkounting Business Concepts Limited

Arkounting Business Concepts Limited - Our client is focused on managing hospitality outlets - boutique hotels, short term rentals and an array of hospitality services.

They are recruiting to fill the position below:

Job Title: Finance Officer

Location: Lekki, Lagos
Employment Type: Full-time
Team: Finance
Industry: Hospitality

The Role

• This role is exciting, positively challenging and will provide growth to the prospective role holder.
• The ideal role holder is a skilled and detail-oriented Financial Accountant who will be responsible for managing all financial transactions and providing accurate financial information to support the organization’s operations.
• He/she must be competent in Management Accounting functions and will be required to provide accounting & financial management services to the organization as well as ensuring compliance with accounting principles and regulations.
• Most importantly, in line with our standard, he/she should be committed, hard-working and particular about delivering quality work.

Job Responsibilities

• Assemble and summarize data to structure sophisticated reports on financial status and risks
• Producing an accurate set of month-end accounts, with comparisons to forecasts and previous periods.
• Assisting in preparing budgets and business planning, including projected room revenue
• Review and reconcile bank statements on a regular basis.
• Ensuring compliance with regulations pertaining to consumption tax, WHT, VAT and PAYE
• Pursuing overdue payments, documenting uncollectible debts, and vigilantly monitoring the cash flow.
• Coordinating stock control operations with warehouse staff, as well as the sales and finance departments.
• Forecasting supply and demand to prevent overstocking and running out-of-stock (OOS).
• Performing regular inventory audits and keeping stock purchasing within budget.
• Assist in the coordination of external audits and regulatory reporting requirements.
• Ensure financial statements are prepared in line with regulatory standards
• Identify trends, advice and recommend actions based on sound analysis
• Ensure compliance with best practice and legal requirements
• Other tasks as assigned.

What you need to succeed

• Educational background in Accounting, Finance or a closely related field
• 2+ years of hands-on Finance experience
• A member of a professional body e.g. ACA,ACCA, CFA (Part or Fully Qualified)
• Proven knowledge in financial reporting, internal auditing, financial analysis & management, financial software, Microsoft suite and statistical analysis package
• Excellent presentation, reporting and communication skills
• Highly confidential with good integrity
• Proven ability to work in a fast-paced and result-oriented environment
• Ability to work in a team and multitask
• Client relationship and engagement skills
• Tech savvy; good use of collaboration tools such as Slack, Zoho, QuickBooks or similar.

Application Closing Date
30th September, 2023.